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This bill would amend the Toxic Substances Control Act (TSCA) to make the formaldehyde emission standard contained in the California Code of Regulations (relating to an airborne toxic control measure to reduce formaldehyde emissions from composite wood products, as in effect on July 28, 2009) applicable to hardwood plywood, medium-density fiberboard, and particleboard sold, supplied, offered for sale, or manufactured in the United States, with listed exemptions, including for hardboard, structural plywood, wood packaging, and composite wood products used inside new vehicles, rail cars, boats, aerospace craft, or aircraft.

Requires the Administrator, by July 1, 2011, in coordination with the Commissioner of Customs and Border Protection (CBP) and other appropriate federal agencies, to revise regulations promulgated under TSCA concerning import certification of any chemical substance, mixture, or article containing a chemical substance or mixture as necessary to ensure compliance with this Act. Authorizes the Administrator to modify any reference to an industry formaldehyde emission standard that is subsequently updated.

Provides that an individual or entity that violates any requirement under this Act shall be considered to have committed a prohibited act under TSCA.

Having passed in identical form in both the House and Senate, this bill now awaits the signature of the President before becoming law.